Excellent September – the best selling month in the year, in line with ASBIS expectations; the group further concentrates on advanced it solutions for business

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon, Perenio and Atlantech, according to preliminary estimations, in September 2019 had consolidated revenues at the level of approx. USD 167 million, as compared to USD 187 million in September 2018. Estimated revenues generated in September 2019 were close to 6% higher than revenues generated in August 2019, when they amounted to approx. USD 158 million. ASBIS revenues are in line with Company's expectations.
 

Siarhei Kostevitch, CEO and Chairman of the Board of Directors of ASBISc Enterprises Plc, commented: “September was very good in our opinion, it was the best-selling month in the year so far. It was in line with our expectations and give us confidence that we will be able to deliver the announced financial forecast. ASBIS is on the way to further strengthening competences in sectors that are promising, i.e. solutions and IT services for the corporate clients. We are very committed to expanding our competences in these sectors, and we prove it by being a partner of one of the largest IT conferences in Ukraine called Tech Fusion 2019, which took place at the beginning of October. This is an annual conference on digital transformation and technological innovations necessary in business. Nearly 1,000 professionals  attended this conference. For us it was an opportunity not only to present our business offering, but we also come closer to the market segment we wish to acquire”.

For additional information, please contact:  

Iwona Mojsiuszko

8Sense Public Relations

Tel. +48 502 344 992

E-mail iwona.mojsiuszko@8sensepr.pl        

About ASBISc Enterprises Plc

^{ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.}

^{ASBISc Enterprises Plc is based in Cyprus and specializes in the distribution of computer hardware and software, mobile solutions, IT components and peripherals, and a wide range of IT products and digital equipment. The Company was established in 1990 and currently selling to 60 countries worldwide.}

^{The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (smartphones, tablets, external storage, leather-coated USB accessories, GPS devices, Car-DVRs, Multi-boards etc.), Canyon (MP3 players, networking products and other peripheral devices), Perenio („IoT”) and Atlantech (servers, data storage, data center solutions).}

^{ASBIS has subsidiaries in 26 countries, close to 1,500 employees and about 30,000 customers. In 2018, sales reached almost USD 2.1 billion.}

^{The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).}

^{For more information, also visit the Company’s website at www.asbis.com or investor.asbis.com}